Archive · 2 Oct 2026
NBCC Signs MoU With Housing Ministry for 2026-27 Targets
NBCC and the Ministry of Housing and Urban Affairs signed an agreement for 2026-27.
The agreement describes what NBCC is expected to achieve during that financial year.
These goals include financial and operational targets.
D Thara signed for the ministry, while Dr KP Mahadevaswamy signed for NBCC.
Other senior officials attended the ceremony.
NBCC had already received an ‘Excellent’ rating for its performance in 2024-25.
The company said this recognition reflected strong operations and financial discipline.
The new agreement is intended to guide NBCC’s progress on infrastructure projects.
NBCC (India) Ltd signed an MoU with the Ministry of Housing and Urban Affairs on September 30, 2026.
The agreement sets NBCC’s financial and operational performance targets for fiscal year 2026-27.
The MoU was signed by D Thara for the ministry and Dr KP Mahadevaswamy for NBCC.
Senior officials from the ministry and NBCC attended the signing ceremony.
NBCC received an ‘Excellent’ rating from the Department of Public Enterprises for its FY 2024-25 MoU performance.
- Who
- NBCC (India) Ltd and the Ministry of Housing and Urban Affairs, represented by their senior officials.
- What
- They signed an MoU setting NBCC’s financial and operational performance targets for FY 2026-27.
- When
- September 30, 2026, for the financial year 2026-27.
- Where
- At a signing ceremony; the articles do not specify the location.
- Why
- To define NBCC’s performance targets and milestones for FY 2026-27.
- Agreement
- Memorandum of Understanding for FY 2026-27
- Signing date
- September 30, 2026
- Administrative ministry
- Ministry of Housing and Urban Affairs
- Performance focus
- Financial and operational parameters
- Previous rating
- ‘Excellent’ rating for FY 2024-25 MoU performance
- Company status
- Navratna Central Public Sector Enterprise